
Cheap Apartments for Rent in Minneapolis, MN from $400 (1,631 Rentals)Page 22 of 33
Search the lowest-cost Apartments available for rent right now in Minneapolis.


Devonshire Apartments

2700 University

Moore Lake Apartments

Highland on the Park

Second Street Station

Melrose Gates

CE Living

Gateway Commons

Park Embassy

Metropolitan Towers

Cottage Villas of Arden Hills

Richfield Square Apartments

54 S Chatsworth St

Midline Apartments

The Haven at Eagandale

Terrace Manor

Northwood Apartments

Normandale Lake Estates

Silver Oaks Court Apartments

4551 Main St NE

3050 Old Hwy 8

Bayberry Place

The Cielo Apartments

Zelia on Seven

M Street Flats

Northview Commons

Park Towers

Arrive Inglewood Trails

The Burlington

The Fenley

ReNew West Bloomington

Portland Villas 1522

Sumter Green Apartments

Saint Anthony Park Apartments

Southgate Apartments

Ridgewood Apartments

Valley Creek West

Priscilla Standish Apartments

Grandview Estates

The Mason

Larpenteur Estates

The Chamberlain Apartments
Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Minneapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Minneapolis Studio Apartments | $1,362 | $500 | $6,128 |
Cheap Minneapolis 1 Bedroom Apartments | $1,651 | $500 | $10,000+ |
Cheap Minneapolis 2 Bedroom Apartments | $2,308 | $519 | $10,000+ |
Cheap Minneapolis 3 Bedroom Apartments | $2,510 | $495 | $10,000+ |
Cheap Minneapolis 4 Bedroom Apartments | $2,279 | $499 | $5,341 |
Minneapolis 5 Bedroom Apartments | $3,117 | $2,195 | $3,995 |
Browse Top Apartments in Minneapolis
See all Apartments in MinneapolisExplore Minneapolis
Getting Around Minneapolis, MN
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Minneapolis, MN Area Reviews
Stephanie • 4+ years in Minneapolis
February 25, 2025A dream city for outdoorsy types who crave an urban experience...there's nothing like a day at the lakes or hitting up the Grand Rounds. Add amazing theater (like the Guthre) and restaurants and you have the perfect urban (but not too urban) lifestyle. The cost of living is going up but still pretty reasonable compared to most cities of a similar size and with similar cultural opportunities.
Frequently Asked Questions about Cheap Minneapolis Apartments
What is a cheap apartment in Minneapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Minneapolis is under $700.
What is the price of a cheap apartment in Minneapolis?
The cheapest apartment in Minneapolis is Allianze Sr. Community which is listed at $500, while the average apartment in Minneapolis costs $3,125.
What types of apartments are the cheapest in Minneapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12,482 regular apartments in Minneapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Minneapolis?
Cheap apartments in Minneapolis have an average cost of $404 which is $2,721 cheaper than the average rent for all rentals in Minneapolis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.